
Claude vs GPT vs Gemini: Stop Comparing Per-Token Prices
Claude Sonnet 5 and GPT-5.6 Terra both list at $2 per million input tokens. On the same workload Sonnet 5 bills 15% more, because Claude 4.7 and later tokenize the same text into roughly 30% more tokens. Prices, latency and governance terms compared as of 5 August 2026.
August 4, 2026 · 17 min read